Withum

OCTOBER 3, 2024

The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia.

South Carolina 130

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CPA Practice

AUGUST 23, 2023

Wilde’s study, “Who really matters in corporate tax?” was co-authored by Andrew Belnap of the University of Texas and Jeffrey Hoopes of the University of North Carolina and was published in the Journal of Accounting and Economics.

business tax 98

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CPA Practice

OCTOBER 18, 2023

5 states with the lowest total tax burden for businesses While each state has its own tax structure, several states stand out for their favorable business tax environment. Here are five states renowned for their low taxes for businesses: 1. Florida also provides tax breaks and incentives for startups.

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inDinero Tax Tips

APRIL 20, 2021

A franchise tax is a charge by states on corporations to conduct business in their state. Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. The amount of franchise tax and how each state calculates the tax varies.

Delaware 58

Delaware Wyoming Nevada Oregon 58

inDinero Tax Tips

APRIL 11, 2023

And there’s no state corporate income tax on goods and services provided by Delaware corporations that operate outside of the state. Delaware holding companies benefit from no corporate tax on interest and other investments. The state also doesn’t impose personal property tax.

Delaware 52

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xendoo

JANUARY 16, 2023

From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.

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CPA Practice

APRIL 11, 2024

What’s not in dispute is that the act represented the most sweeping overhaul the tax system since the Reagan administration. For businesses, it aimed to spur capital spending by slashing the corporate tax from 35% to 21%. Yet, the corporate tax cuts cost $450 billion in the form of decreased federal revenue, compared with $1.1

Tax 52

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